NAB in $1b hybrid deal, big syndicate hired to sell - The Australian Financial Review

National Australia Bank has tapped a big retail broker syndicate to raise $1 billion or more for a new hybrid issue.

The deal included a reinvestment offer for holders of Nab Capital Notes 2, which were sold in July 2016 and paid a 4.95 per cent margin, along with new money offers and an institutional component. T… [+340 chars]

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